In last trading session, Geron Corp (NASDAQ:GERN) saw 19.31 million shares changing hands with its beta currently measuring 0.66. Company’s recent per share price level of $1.77 trading at $0.17 or 10.62% at ring of the bell on the day assigns it a market valuation of $1.13B. That closing price of GERN’s stock is at a discount of -201.69% from its 52-week high price of $5.34 and is indicating a premium of 17.51% from its 52-week low price of $1.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 18.79 million shares which gives us an average trading volume of 15.22 million if we extend that period to 3-months.
For Geron Corp (GERN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.56. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.04 in the current quarter.
Geron Corp (NASDAQ:GERN) trade information
Upright in the green during last session for gaining 10.62%, in the last five days GERN remained trading in the green while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $1.77 price level, adding 1.67% to its value on the day. Geron Corp’s shares saw a change of -50.00% in year-to-date performance and have moved 5.36% in past 5-day. Geron Corp (NASDAQ:GERN) showed a performance of -37.23% in past 30-days. Number of shares sold short was 58.41 million shares which calculate 3.32 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5.5 to the stock, which implies a rise of 67.82% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -125.99% in reaching the projected high whereas dropping to the targeted low would mean a loss of -125.99% for stock’s current value.
Geron Corp (GERN) estimates and forecasts
This year revenue growth is estimated to rise 205.82% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 49.88M for the same. And 7 analysts are in estimates of company making revenue of 54.98M in the next quarter. Company posted 304k and 882k of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 5.60% during past 5 years.
Geron Corp (NASDAQ:GERN)’s Major holders
Insiders are in possession of 0.10% of company’s total shares while institution are holding 78.51 percent of that, with stock having share float percentage of 78.59%. Investors also watch the number of corporate investors in a company very closely, which is 78.51% institutions for Geron Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at GERN for having 46.55 million shares of worth $197.38 million. And as of 2024-06-30, it was holding 7.7138 of the company’s outstanding shares.
The second largest institutional holder is RA CAPITAL MANAGEMENT, L.P., which was holding about 46.2 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.0656 of outstanding shares, having a total worth of $195.9 million.
